Energy Prospectus

"In my March 14th profile on Earthstone I said "I expect them to start paying dividends in 2H 2022 and announce a stock repurchase plan." Dan In the Fourth quarter earnings conference they said cash dividends--Their financing source that owns 62% by Pincus Warburg--they want cash retu...

https://finance.yahoo.com/news/york-pen ... 57648.html 

New York pension leaders back calls for less fossil fuel financing

Earthstone Energy Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027

Any thoughts on this Dan?

I

Dan

I was referencing how to use your Sweet 16 worksheets. For example taking the Pre-tax PV10 12/31/21 number and adding current assets minus 100% of debt and dividing sum by shares outstanding. Result is called PV 10 Value Per Share

Thanks

Dan Saturday's potcast was Excellent !!

Explaining how everything ties in was perfect. Wonder if you could do a permanent video for website. It was Great !

Rick

The conference call was interesting. Management is focused on getting all the acquisitions completed. Then it will be interesting to review ESTE.

Dan Most Helpful. Could you post the % Oil Hedge or % Gas Hedge on the Sweet 16 Summary in one column>

For example Callon would be 55%/54% for Oil and Gas.

What percentage of Oil is hedged? Looks like around 60%. Thanks

Hi Dan The company profile for ESTE is N ovember 27, 2021 with the Cash Flow Forecast Model dated November 26,2021 attached to the Company Profile. As you know ESTE has changed dramatically since that date. Appreciate your recent comments. When will the ESTE company profile be updated. Thank you !!

Dan

Have you seen a comparison graph showing the various breakeven prices for the US Shale Producers?

Thanks
Rick